Last updated: 12/15/2025
For purposes of this Agreement, "Confidential Information" shall include all information or material that has or could have commercial value or other utility in the business in which Disclosing Party is engaged.
Receiving Party agrees to hold and maintain the Confidential Information in strictest confidence for the sole and exclusive benefit of the Disclosing Party.
Receiving Party shall not use the Confidential Information for any purpose except to evaluate and engage in discussions concerning a potential business relationship between the parties.
Receiving Party agrees to protect the Confidential Information by using the same degree of care, but no less than a reasonable degree of care, to prevent the unauthorized use, dissemination, or publication of the Confidential Information.
The nondisclosure provisions of this Agreement shall survive the termination of this Agreement and Receiving Party's duty to hold Confidential Information in confidence shall remain in effect until the Confidential Information no longer qualifies as a trade secret.
Upon termination of this Agreement, or upon request by Disclosing Party, Receiving Party shall promptly return all documents, materials, and other tangible items in its possession.
Nothing in this Agreement shall be construed as granting any rights under any patent, copyright, or other intellectual property right of Disclosing Party.
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